Since 2015 capital outflows from China have averaged about $700 billion per year. A lot of that money is going into U. S. and Canadian real estate.
There’s no danger of a lack of liquidity—the PBoC can just issue more credit.
Since 2015 capital outflows from China have averaged about $700 billion per year. A lot of that money is going into U. S. and Canadian real estate.
There’s no danger of a lack of liquidity—the PBoC can just issue more credit.
